Cryptocurrencies Price Prediction: Ethereum, Litecoin & Bitcoin – American Wrap 04 November

FXStreet Team FXStreet

Top 3 Price Prediction: Feels like Crypto Season is here

The crypto market is showing strength during the first week of November. Key levels have been defined to gauge the market's next potential move. Based on the influx of volatility Crypto Season may already be here. Bitcoin price breaches the $21,000 level with strong momentum. Ethereum price could challenge the summertime highs. Ripple price rallies 10% during the Asian session to $0.50.

Bitcoin Weekly Forecast: BTC’s consolidation leaves holders questioning if $28,000 is still valid

Bitcoin (BTC) price shows a consolidative structure despite the Federal Reserve’s hawkish tone on November 2. Regardless of the macroeconomic impact of this development, BTC continues to hover in a tight range. Investors need to be careful as this rangebound movement could result in an explosive move. Since the technical and on-chain metrics point to different outlooks, the direction of this breakout is yet to be determined.

Litecoin price screams buy as LTC hashrate climbs

Litecoin price prepares to usher in the weekend in style as it climbs the ladder hoping to tag $83.83. Most technical indicators flipped bullish when LTC rebounded from support at $50.50. A subsequent move past the sellers’ congestion zone at $56.00 cleared the course for Litecoin bulls to attack key hurdles upstream, as discussed by one of our analysts.

Author

FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

Top 3 Price Prediction: BTC recovers, Ethereum clings to support, XRP consolidates

Bitcoin, Ethereum and Ripple begin the week on a steadier footing after correcting by nearly 4%, 2%, and 6% respectively, in the previous week. BTC is attempting a modest recovery, trading above $64,500 on Monday, while ETH continues to defend the crucial $1,700 support level.

Aave founder outlines plan to bring multi-trillion-dollar securities market onchain with V4

Lending protocol Aave founder Stani Kulechov revealed a proposal to bring the multi-trillion-dollar securities market onto blockchain infrastructure, according to a blog post on Friday.

Ethereum Price Forecast: Impending funding crisis could put Ethereum at risk

Ethereum developers could face a "slow-burning funding crisis" in the coming months following the depletion of the Ethereum Foundation treasury and the expiration of the Client Incentive Program, according to former EF contributor Trent VanEpps.

Bitcoin's weakening sell pressure hints at possible market bottom — CryptoQuant

Bitcoin (BTC) may be approaching the final stages of its current correction as selling pressure eases, according to a CryptoQuant report on Thursday. The report noted that the current phase of realized losses differs significantly from the first major sell-off earlier this year. The data suggests that many panic sellers may have already exited the market.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.